NZ businesses remain pessimistic in first quarter as worries over govt persist: NZIER

Mon, 09 Apr 2018

By Rebecca Howard April 10 (BusinessDesk) - New Zealand businesses remained pessimistic about the country's economic fortunes in the March quarter as negative sentiment following the change in government continued into the new year and as profitability remains weak. A seasonally adjusted net 9 percent of firms surveyed in the New Zealand Institute of Economic Research's quarterly survey of business opinion expect economic conditions to deteriorate over the coming months compared with a seasonally adjusted 11 percent that had expected a de...

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